British AI startup Zango has appointed Pedro Sousa to lead its operations and growth strategy in Portugal, marking the first of several planned hires as the company deepens its presence in the domestic market.
Pedro Sousa, with experience at Deloitte, PwC, and entrepreneurial ventures such as NeoPME and Comudel, will focus on helping banks, fintechs, and insurers implement AI agents to automate complex compliance and risk management processes. “Zango’s technology is redefining how organisations view compliance and risk, and this mission has enormous growth potential in Portugal,” Sousa said.
Zango develops AI agents for financial institutions, automating traditionally manual tasks such as horizon scanning, regulatory interpretation, and gap analysis. The technology is already used by Novobanco, as well as neobanks like Monzo and Juni, and is designed to ensure responsible AI adoption with strong security mechanisms.
To support its Portuguese expansion, Zango also strengthened its advisory board, adding Manuel Goncalves Ferreira, formerly of BBVA, and Dean Nash, Global COO at Santander Legal. “Having Dean and Manuel on board brings valuable insights and experience as we guide the transformation of compliance in Portugal,” said CEO Ritesh Singhania.
Founded in 2024, Zango operates globally with teams in London, Bangalore, and Lisbon, and raised its first investment round of €4.1 million in early 2025.